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Which statements describe characteristics of pure competition? Check all that apply.
Question
Asked 50 days ago|2/19/2021 9:17:03 AM
Updated 50 days ago|2/19/2021 9:49:49 AM
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User: Which statements describe characteristics of pure competition? Check all that apply.

Weegy: Pure Competition is a market situation where there is a large number of independent sellers offering identical products. Pure competition is a term for an industry where competition is stagnant and relatively non competitive. Companies within the pure competition category have little control of price or distribution of product. Advertising, market research, and product development play a very little role in these companies/industries.
|Score .772|rollucid00|Points 90|

User: n the United States, which type of industry is often considered part of an oligopoly?

Weegy: An oligopoly is a market structure in which a few firms dominate.
|Score .9586|Serrys|Points 110|

User: Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. Which type of monopoly does the company most likely have on this medication?

Question
Asked 50 days ago|2/19/2021 9:17:03 AM
Updated 50 days ago|2/19/2021 9:49:49 AM
2 Answers/Comments
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[Deleted]
Added 50 days ago|2/19/2021 9:49:28 AM
Deleted by Ishm [2/19/2021 9:49:39 AM], Undeleted by Ishm [2/19/2021 9:49:40 AM], Deleted by Ishm [2/19/2021 9:49:41 AM]
3
Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. The company most likely have on this medication : technological monopoly
Added 50 days ago|2/19/2021 9:49:49 AM
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